Jaret Turkell leaves HFF for Berkadia

He will lead investment sales platform in South Florida

Jaret Turkell
Jaret Turkell

A longtime HFF broker and managing director has left to join Berkadia in South Florida.

Jaret Turkell, a former HFF managing director, is now senior managing director of investment sales at Berkadia, working out of the brokerage’s Miami and Boca Raton offices, according to a release. He was with HFF for 12 years.

In March, JLL announced it would be acquiring HFF for $2 billion, a deal expected to close in the third quarter.

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Turkell said that while he was sad to leave HFF, the opportunity to work with Berkadia is “huge,” he wrote via email. “They are the dominant debt/mortgage banking team in South Florida and are aggressively and rapidly looking to make their [investment sales] platform just as dominant. And that’s my goal!” he said.

Turkell has worked on deals valued at more than $7 billion over the course of his 15-year career in commercial real estate, according to a release. At HFF, he focused on multifamily and land sales, as well as raising joint venture equity for developments. He has also practiced real estate and land-use law.

His recent deals include representing Turner Multifamily Impact Fund in the $59 million purchase of a 405-unit apartment complex in Lauderhill; the $19.25 million sale of a lot on the former White Course in Doral to Greyster; and the $55 million sale of 400 Biscayne Boulevard in downtown Miami to Property Markets Group.